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Commercial for sale Bryn Street, Newtown

Asking price

£127,000

Added two days ago

Type: Commercial
Tenure: Ask agent

Key features

• Investment Opportunity
• Mixed use with Retail & Two Residential Flats
• Close to the town centre
• Existing business trading for over 40 years
• Full Planning Permission
• Retail Store 42 sq.m with fixtures & fitting included
• EPCs: Shop: D (90), Flat 2A: D (68), Top Floor Flat: D(67)
• EPCs Valid to 27.03.2032

About this property

An excellent investment opportunity to acquire a mixed use property in Newtown town centre. The property is currently set into part retail and part residential with two flats on the first and second floor. Formally run as a commercial premise the ground floor benefits from Full Planning Permission and Listed Building Consent to convert the existing retail store into a Two Bedroom Apartment (Planning Reference: 23/1595/LBC and 23/1594/FUL).

Floorplan

Council tax

Ask agent

Location

Bryn Street, Newtown

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Mortgage and stamp duty

Property price £127,000

£63k £191k

Deposit10% £13,000

£0 £127k

Interest rate 4.5%

0.5% 15%

Repayment period 25 years

5 years 40 years

A £114,000 mortgage. Most lenders would want a household income of about £26,000 to support it.

A guide only, for a capital repayment mortgage. The rate you are offered and what you can borrow depend on your circumstances and a full application with a lender or broker. Your home may be repossessed if you do not keep up repayments on your mortgage.